Articles from Indonesia Energy Corporation Limited

Kruh 28 also has a potentially significant new gas reservoir

President Frank Ingriselli Will Present Update on Operations and Recently Completed New Discovery Well

Kruh 28 also has a potentially significant new gas reservoir

New Production Anticipated to Bring IEC to Cash Flow Positive Operations JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / January 26, 2022 / Indonesia Energy Corporation Limited (NYSE American:INDO) (IEC), an oil and gas exploration and production company focused on Indonesia, today provided an update on its 2022 drilling plans by announcing that it expects to commence drilling of its next two (2) new wells at IEC's 63,000-acre Kruh Block

JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / January 24, 2022 / Indonesia Energy Corporation (NYSE American:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced the closing of the initial $5.0 million tranche of a total anticipated $7.0 million private placement with a single institutional investor. The Company intends to use the net proceeds from the private placement for funding its

JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / January 10, 2022 / Indonesia Energy Corporation Limited (NYSE American:INDO) (IEC), an oil and gas exploration and production company focused on Indonesia, today announced that IEC's operating company has been recognized by the state oil and gas company, Pertamina, as the top three performer in 2021 among 11 oil and gas producing companies in Indonesia under Cooperation Agreement Contracts after

Additional well drilling on the Kruh Block anticipated to commence within 60 Days JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / December 20, 2021 / Indonesia Energy Corporation Limited (NYSE American:INDO) (IEC), an oil and gas exploration and production company focused on Indonesia, today announced that its daily oil production rate has increased over 50% as a result of the recently completed "Kruh 26" well on its 63,000-acre Kruh

JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / September 21, 2021 / Indonesia Energy Corporation (NYSE American:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today responded to inquiries and internet postings regarding its discussions related a potential acquisition by IEC of a partial interest in the Rokan producing asset located on Sumatra Island that was recently relinquished by Chevron

JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / September 17, 2021 / Indonesia Energy Corporation (NYSE American:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that it will be presenting all day at the Alliance Global Partners Virtual Energy Conference on September 21, 2021 in a format using pre-scheduled private meetings. During the meetings, IEC President Frank Ingriselli will provide

Production from Both New Wells Expected to Commence in Octoberwith an Expected Increase in Revenues and Production for IEC by Over 100% JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / September 15, 2021 / Indonesia Energy Corporation (NYSE American:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that it has discovered oil in its "Kruh 26" well after having announced in July the discovery

New drilling paves way for commencement of additional production at Kruh Block JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / August 25, 2021 / Indonesia Energy Corporation Limited (NYSE American:INDO) (IEC), an oil and gas exploration and production company focused on Indonesia, today announced that the company has commenced the drilling of the second of three new back-to-back wells on its 63,000-acre Kruh Block. This commencement of

Drilling Rig Has Moved to New Location to Drill Second New Well JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / July 20, 2021 / IndonesiaEnergy Corporation (NYSE American:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that it has discovered oil in its "Kruh 25" well and the drilling rig has now moved to the second well location and will commence the drilling of its second new well

President Frank Ingriselli to Provide Updates on IEC's Operations Followed by Q&A JAKARTA, INDONESIA & DANVILLE, CA / ACCESSWIRE / June 22, 2021 / Indonesia Energy Corporation (NYSE American:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that it will be presenting live at the Noble Capital Markets Virtual Road Show Series on June 24, 2021 at 1:00 p.m. EDT. During the presentation,

President Frank Ingriselli to Provides Updates on IEC's New Drilling Program at Kruh Block and Anticipated Milestones for IEC JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / June 7, 2021 / Indonesia Energy Corporation (NYSE American:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that it will be presenting at the LD Micro Invitational XI Virtual Event on Tuesday, June 8, 2021 at 2:30 pm

IEC Will Now Conduct Logging and Production Testing JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / June 4, 2021 / Indonesia Energy Corporation (NYSE American:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that it has successfully completed the drilling of its first new well at its Kruh Block (known as "Kruh 25") to its final total depth. The Kruh 25 well

President Frank Ingriselli Provides Updates on IEC's New Drilling Program at Kruh Block and Anticipated Milestones for IEC JAKARTA, INDONESIA AND DANVILLE, CA / ACCESSWIRE / June 3, 2021 / Indonesia Energy Corporation (NYSE American:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced their participation in a pre-recorded Noble Capital Markets' C-Suite Interview Series,

JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / May 18, 2021 / Indonesia Energy Corporation (NYSE American:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that it will be hosting an investor conference call on Tuesday, June 8, 2021 in order to provide an update (including initial results) on the drilling and completion of IEC's first new producing well at Kruh Block, called

JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / May 18, 2021 / Indonesia Energy Corporation Limited (NYSE American:INDO) (IEC), an oil and gas exploration and production company focused on Indonesia, today announced that, as disclosed in its Annual Report on Form 20-F for the year ended December 31, 2020 (the "Form 20-F") filed today, May 17, with the Securities and Exchange Commission, IEC's audited financial statements for the

Paves way for commencement of new production at Kruh Block JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / April 22, 2021 /Indonesia Energy Corporation Limited (NYSE American:INDO) (IEC), an oil and gas exploration and production company focused on Indonesia, today announced that the company has commenced the drilling of three new back-to-back wells on its 63,000-acre Kruh Block. This commencement of drilling is part of IEC's